South Korea / Romania

South Korea-Romania Trade: In 2022, South Korea exported $575M to Romania. The main products that South Korea exported to Romania were Cars ($59.5M), Large Flat-Rolled Stainless Steel ($42.6M), and Coated Flat-Rolled Iron ($36.3M). Over the past 5 years the exports of South Korea to Romania have increased at an annualized rate of 2.81%, from $501M in 2017 to $575M in 2022.

In 2022, South Korea did not export any services to Romania.

Romania-South Korea Trade: In 2022, Romania exported $612M to South Korea. The main products that Romania exported to South Korea were Corn ($146M), Motor vehicles; parts and accessories (8701 to 8705) ($48.2M), and Non-Knit Women's Coats ($34.6M). Over the past 5 years the exports of Romania to South Korea have increased at an annualized rate of 3.1%,  from $364M in 2017 to $612M in 2022.

In 2020, Romania exported services to South Korea worth $20.1M, with Computer and information services ($10.9M), Other business services ($5.48M), and Transportation ($3.08M) being the largest in terms of value.

Comparison: In 2022,  South Korea ranked 4 in the Economic Complexity Index (ECI 1.78), and 5 in total exports ($705B). That same year, Romania ranked 26 in the Economic Complexity Index (ECI 1.03), and 43 in total exports ($99.5B).